What will happen to $LUNC and what is the difference between $LUNC and $LUNA ?
▫️The first question is, what will happen to LUNC, what will the price be #TerraClassic ? Price in 2024, 2025, 2030?
Anton Kharitonov, an analyst at Traders Union, believes that LUNC will cost $0.00010819 by the end of 2024, $0.00011764 by the end of 2025, and by 2030 the coin could reach $0.00017879.
🔸️According to analysts, the price of LUNC will continue to get cheaper.
🔸️The fall is associated with the sale of a large amount of UST by one of the investors. Keith, on May 8, sold tokens worth $300 million. This manipulation was a deliberate game of large whales.
▫️Question two. What is the difference between LUNC and LUNA?
🔸️Unlike LUNC, LUNA is in no way associated with the algorithmic stablecoin UST (now called TerraClassicUSD - USTC).
🔸️This decision was likely made due to too much attention from the US House of Representatives and the bill on a two-year ban on algorithmic stablecoins.